Adjusted ATLS Phantom Unit definition
Adjusted ATLS Phantom Unit means an ATLS Phantom Unit as adjusted in accordance with Section 5.2(b).
Examples of Adjusted ATLS Phantom Unit in a sentence
Except as set forth in this Section 5.2(b), the Adjusted ATLS Phantom Unit and the SpinCo Phantom Unit issued in accordance with this Section 5.2(b) both shall be subject to the same terms and conditions (including with respect to vesting) immediately following the Effective Time as applicable to the ATLS Phantom Unit immediately prior to Effective Time.
Each Adjusted ATLS Unit Option and Adjusted ATLS Phantom Unit that is outstanding immediately following the Effective Time shall, as of the Merger Effective Time, be treated as set forth in Section 3.5 of the Merger Agreement.